Jude Bricker Sells 2,172 Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) CEO Jude Bricker sold 2,172 shares of Sun Country Airlines stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $12.02, for a total transaction of $26,107.44. Following the completion of the transaction, the chief executive officer now directly owns 127,589 shares of the company's stock, valued at approximately $1,533,619.78. This represents a 1.67 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sun Country Airlines Price Performance

Shares of SNCY stock traded down $0.75 during midday trading on Tuesday, reaching $9.58. 1,324,834 shares of the company were exchanged, compared to its average volume of 740,536. The company's 50 day moving average price is $14.92 and its two-hundred day moving average price is $14.25. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.63. The company has a market cap of $509.25 million, a P/E ratio of 10.08, a PEG ratio of 0.42 and a beta of 1.55. Sun Country Airlines Holdings, Inc. has a 12 month low of $9.22 and a 12 month high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.06. Sun Country Airlines had a return on equity of 10.23% and a net margin of 4.92%. The firm had revenue of $260.40 million during the quarter, compared to analyst estimates of $258.04 million. During the same period last year, the company posted $0.12 EPS. The firm's quarterly revenue was up 6.1% on a year-over-year basis. On average, sell-side analysts expect that Sun Country Airlines Holdings, Inc. will post 1.92 earnings per share for the current year.

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Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Barclays decreased their price target on shares of Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating for the company in a report on Tuesday. JPMorgan Chase & Co. assumed coverage on Sun Country Airlines in a report on Wednesday, January 22nd. They set an "overweight" rating and a $23.00 target price for the company. Finally, Susquehanna cut their price target on Sun Country Airlines from $17.00 to $11.00 and set a "neutral" rating on the stock in a report on Monday. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.71.

Institutional Investors Weigh In On Sun Country Airlines

Hedge funds and other institutional investors have recently bought and sold shares of the business. Pacer Advisors Inc. bought a new position in shares of Sun Country Airlines during the 4th quarter valued at about $30,841,000. Ameriprise Financial Inc. grew its position in Sun Country Airlines by 34.0% in the fourth quarter. Ameriprise Financial Inc. now owns 3,118,136 shares of the company's stock worth $45,467,000 after buying an additional 791,669 shares during the last quarter. Driehaus Capital Management LLC acquired a new position in Sun Country Airlines in the fourth quarter worth approximately $8,868,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Sun Country Airlines during the 4th quarter valued at $6,898,000. Finally, Zimmer Partners LP bought a new stake in shares of Sun Country Airlines during the 4th quarter worth $6,261,000.

About Sun Country Airlines

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.